Deleted
Joined: January 1970
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Post by Deleted on Jan 15, 2015 17:47:53 GMT
Having recently did some business with a trustee of a project that is being constructed at Easter Compton called the Wave (a surfing lake) it became clear that the project fell short financially for a time, to the tune of around £150k. So the organisation used a website called crowdfunder here, suffice to say that they have well surpassed the £150k within a month, the way it works is if anyone invests then they get to use the facilities for free once the project is launched. This got me thinking about the situation with the stadium and how much could offered in terms of incentives, season tickets, half season tickets, corporate hospitality, incentives for gigs in the supporters bar with a 3k capacity and potential to surpass the 02 in Bristol, gym memberships to name a few. There are about 27000 UWE students (yes I know not cash rich people by any stretch of the imagination), and a hardcore 6/7k Rovers fans and a sleeping fanbase arguably of circa 15-20k depending on where the club would be at league wise. So the question is, I wonder what figure NH would have in his head that would make the stadium a goer with a Sainsburys settlement combined with looking for local business investments. It wouldn't be easy to manage from an administration point of view but it does set the brain buzzing about how far it could go given the reputation of Rovers fans to dig deep when emotionally involved!
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faggotygas
Byron Anthony
Joined: May 2014
Posts: 1,862
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Post by faggotygas on Jan 15, 2015 20:14:28 GMT
I'll say it first - Rovers have tried crowd funding before...
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Post by Topper Gas on Jan 15, 2015 21:25:17 GMT
Surely that's the £30m question? Given that we clearly need a major financial backer before we can start building the UWE it's got to be £10m+, raising that type of money via crowd funding is going to be slightly harder than rasing just £150K?
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nsgas
Joined: July 2014
Posts: 61
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Post by nsgas on Jan 15, 2015 21:36:05 GMT
Plenty of people were willing to put money into the share scheme without getting anything in return. If the club offered rewards like The Wave crowd funding page does they could raise some serious cash. Of course, we've no idea what the shortfall is yet!
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Deleted
Joined: January 1970
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Post by Deleted on Jan 15, 2015 23:03:02 GMT
Surely that's the £30m question? Given that we clearly need a major financial backer before we can start building the UWE it's got to be £10m+, raising that type of money via crowd funding is going to be slightly harder than rasing just £150K? The Crowd Funder initiative by Wave now stands at £220k, they seem to be keeping it running even though it has passed the initial desired total, this was raised in 28 days, this was also raised by less than a thousand people. Given the supporter base (attending and non and attending) I seem to know much more in the way of armchair Gasheads that rarely watch Rovers than actually watch on a regular basis combined with just short of 30,000 UWE students this stacks up to over 50,000 people, £700 each would leave around £3m left over in change, and the stadium built, in our dreams of course! And yes logistically it would need some strong administration behind it with a well thought out multi-tiered incentive return scheme, because in theory if multiples of thousands paid in relatively large sums of cash IE four figures then who would be first in line for the corporate trough, half way line season tickets, gym memberships etc etc. The big question as another poster has stated is what would be a figure that the club could work with to get the project off the ground even if for now, surely that would gain further interest and publicity for potential investment. IMO it beats sitting around waiting until the 12th of never in the hope that Sheik Alwaysbingas, mistakenly picks up a copy of the ex pat Gulf Weekly magazine and thinks I might just go for a non league club the rest of the world outside of the UK that no one knows of. From memory the £1m raise a tin roof to keep us minions dry on the Blackthorn worked very well along with so many other fundraising schemes for various causes over the years, its what were good at, backing the club. With a defined plan from the club (no laughing at the back please), regular publicity, a buy a brick with your name on it scheme, then who knows.... As an aside and further addition, purchasing your online goods via an online affiliate scheme that pays directly into the crowd funder scheme. As an average family of four we spend roughly £5k per year online for electrical goods, holidays, clothes, booze, gigs and such like, all goods and services that the club could easily get affiliated to and goods and services that fans buy online anyway. £5k a year, average commission 5% that's £250 x that by 10000 Gasheads that's £25m in one year. Another alternative is to do a Sydney Youngblood.......just sit and wait!
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dagnogo
Joined: June 2014
Posts: 872
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Post by dagnogo on Jan 15, 2015 23:06:26 GMT
People have good reason not to give the club their money. Long memories.
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Post by aldershotgas on Jan 15, 2015 23:20:10 GMT
came we please concentrate all efforts on becoming a league club again......forget the new stadium for now...give me the mem in Div 2 any day v/s the UWE and a home game against Braintree......
Plus I would trust higgs with 1 pence of my money....let alone something worthwhile.
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Post by PessimistGas on Jan 15, 2015 23:35:00 GMT
I don't understand why Rovers just don't flog off the Mem to a housing developer, clearly we would get much less than £30m, but couldn't the shortfall be made up through a long term loan/mortgage borrowed against expected future revenue, which would be expected massively increase?
It does appear to me that Higgs and Watola have been far too bullish about watertight contracts and are continuing to blindly flog the dead horse that is Sainsbury's. The delivery hours were agreed in November ffs.
Hopefully Rovers have been exploring and putting in place possible back up options for many months, just in case.
Flying bacon.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Jan 15, 2015 23:43:38 GMT
Surely that's the £30m question? Given that we clearly need a major financial backer before we can start building the UWE it's got to be £10m+, raising that type of money via crowd funding is going to be slightly harder than rasing just £150K? The Crowd Funder initiative by Wave now stands at £220k, they seem to be keeping it running even though it has passed the initial desired total, this was raised in 28 days, this was also raised by less than a thousand people. Given the supporter base (attending and non and attending) I seem to know much more in the way of armchair Gasheads that rarely watch Rovers than actually watch on a regular basis combined with just short of 30,000 UWE students this stacks up to over 50,000 people, £700 each would leave around £3m left over in change, and the stadium built, in our dreams of course! And yes logistically it would need some strong administration behind it with a well thought out multi-tiered incentive return scheme, because in theory if multiples of thousands paid in relatively large sums of cash IE four figures then who would be first in line for the corporate trough, half way line season tickets, gym memberships etc etc. The big question as another poster has stated is what would be a figure that the club could work with to get the project off the ground even if for now, surely that would gain further interest and publicity for potential investment. IMO it beats sitting around waiting until the 12th of never in the hope that Sheik Alwaysbingas, mistakenly picks up a copy of the ex pat Gulf Weekly magazine and thinks I might just go for a non league club the rest of the world outside of the UK that no one knows of. From memory the £1m raise a tin roof to keep us minions dry on the Blackthorn worked very well along with so many other fundraising schemes for various causes over the years, its what were good at, backing the club. With a defined plan from the club (no laughing at the back please), regular publicity, a buy a brick with your name on it scheme, then who knows.... As an aside and further addition, purchasing your online goods via an online affiliate scheme that pays directly into the crowd funder scheme. As an average family of four we spend roughly £5k per year online for electrical goods, holidays, clothes, booze, gigs and such like, all goods and services that the club could easily get affiliated to and goods and services that fans buy online anyway. £5k a year, average commission 5% that's £250 x that by 10000 Gasheads that's £25m in one year. Another alternative is to do a Sydney Youngblood.......just sit and wait! £2.5 million but it would be a great sum none the less, but you're also assuming 10000 which we get once in a while and they're all as prosperous as you and they're all willing to sign up so really you're looking for 100% of 100% of 100% and then you're assuming the existing shareholders will let you invest in their big deal and diminish their return. Perhaps it's something you could get the SC to adopt as I think it would sit better with that kind of social support organisation.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Jan 16, 2015 0:06:41 GMT
The Crowd Funder initiative by Wave now stands at £220k, they seem to be keeping it running even though it has passed the initial desired total, this was raised in 28 days, this was also raised by less than a thousand people. Given the supporter base (attending and non and attending) I seem to know much more in the way of armchair Gasheads that rarely watch Rovers than actually watch on a regular basis combined with just short of 30,000 UWE students this stacks up to over 50,000 people, £700 each would leave around £3m left over in change, and the stadium built, in our dreams of course! And yes logistically it would need some strong administration behind it with a well thought out multi-tiered incentive return scheme, because in theory if multiples of thousands paid in relatively large sums of cash IE four figures then who would be first in line for the corporate trough, half way line season tickets, gym memberships etc etc. The big question as another poster has stated is what would be a figure that the club could work with to get the project off the ground even if for now, surely that would gain further interest and publicity for potential investment. IMO it beats sitting around waiting until the 12th of never in the hope that Sheik Alwaysbingas, mistakenly picks up a copy of the ex pat Gulf Weekly magazine and thinks I might just go for a non league club the rest of the world outside of the UK that no one knows of. From memory the £1m raise a tin roof to keep us minions dry on the Blackthorn worked very well along with so many other fundraising schemes for various causes over the years, its what were good at, backing the club. With a defined plan from the club (no laughing at the back please), regular publicity, a buy a brick with your name on it scheme, then who knows.... As an aside and further addition, purchasing your online goods via an online affiliate scheme that pays directly into the crowd funder scheme. As an average family of four we spend roughly £5k per year online for electrical goods, holidays, clothes, booze, gigs and such like, all goods and services that the club could easily get affiliated to and goods and services that fans buy online anyway. £5k a year, average commission 5% that's £250 x that by 10000 Gasheads that's £25m in one year. Another alternative is to do a Sydney Youngblood.......just sit and wait! £2.5 million but it would be a great sum none the less, but you're also assuming 10000 which we get once in a while and they're all as prosperous as you and they're all willing to sign up so really you're looking for 100% of 100% of 100% and then you're assuming the existing shareholders will let you invest in their big deal and diminish their return. Perhaps it's something you could get the SC to adopt as I think it would sit better with that kind of social support organisation. MM. Your assumption of my assumptions are as questionable as my math! I'm banding figures, most of which were correct sums, Prosperous is not a word I can connect with, as a family we spend most spare cash on commodities online instead of high st, factoring in an annual holiday the christmas gifts there are plenty of people out there spending these levels and some more. 10,000 was a supporter figure, 27000 students who as a rule don't swim in cash but are always spotted at music venues, with the UWE supporter bar layout geared to hold up to 3000 as a music venue this is another option. I had no idea the sharescam was still alive, I do know that crowd funding initiatives that do not reach the target sees a full refund to investors. It's all pie in the sky anyway as NH has shown for :is tenure that he has little interest in any fan involvement, as David Brent once said, there's nothing wrong with pipe dreams, roll on another ten years at the Mem and a re coat the raise the roof campaign.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Jan 16, 2015 0:09:17 GMT
People have good reason not to give the club their money. Long memories. People continue to show financial loyalty to the club, almost 8,000 a fortnight ago on cold, wet biggest hangover day.
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nsgas
Joined: July 2014
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Post by nsgas on Jan 16, 2015 8:09:38 GMT
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Post by Topper Gas on Jan 16, 2015 8:22:17 GMT
bond owners "will receive interest of seven per cent per annum" not sure we could guarantee to pay that per year as that's around £500K p.a.?
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dagnogo
Joined: June 2014
Posts: 872
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Post by dagnogo on Jan 16, 2015 9:10:50 GMT
People have good reason not to give the club their money. Long memories. People continue to show financial loyalty to the club, almost 8,000 a fortnight ago on cold, wet biggest hangover day. They do, and thats great, though it helps that we're in a promotion battle. Giving money to watch games and handing money for free over to a business owned by multi millionaires is different though - especially when many fans did the Share Scheme only for the board to dilute the fans' shareholding. Not having a go at you, just saying it might be difficult.
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Angas
Joined: May 2014
Posts: 2,067
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Post by Angas on Jan 16, 2015 10:32:20 GMT
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Post by lostinspace on Jan 16, 2015 10:39:29 GMT
that link just sent me back to this exact thread!!
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Post by fanatical on Jan 16, 2015 10:41:19 GMT
The Crowd Funder initiative by Wave now stands at £220k, they seem to be keeping it running even though it has passed the initial desired total, this was raised in 28 days, this was also raised by less than a thousand people. Given the supporter base (attending and non and attending) I seem to know much more in the way of armchair Gasheads that rarely watch Rovers than actually watch on a regular basis combined with just short of 30,000 UWE students this stacks up to over 50,000 people, £700 each would leave around £3m left over in change, and the stadium built, in our dreams of course! And yes logistically it would need some strong administration behind it with a well thought out multi-tiered incentive return scheme, because in theory if multiples of thousands paid in relatively large sums of cash IE four figures then who would be first in line for the corporate trough, half way line season tickets, gym memberships etc etc. The big question as another poster has stated is what would be a figure that the club could work with to get the project off the ground even if for now, surely that would gain further interest and publicity for potential investment. IMO it beats sitting around waiting until the 12th of never in the hope that Sheik Alwaysbingas, mistakenly picks up a copy of the ex pat Gulf Weekly magazine and thinks I might just go for a non league club the rest of the world outside of the UK that no one knows of. From memory the £1m raise a tin roof to keep us minions dry on the Blackthorn worked very well along with so many other fundraising schemes for various causes over the years, its what were good at, backing the club. With a defined plan from the club (no laughing at the back please), regular publicity, a buy a brick with your name on it scheme, then who knows.... As an aside and further addition, purchasing your online goods via an online affiliate scheme that pays directly into the crowd funder scheme. As an average family of four we spend roughly £5k per year online for electrical goods, holidays, clothes, booze, gigs and such like, all goods and services that the club could easily get affiliated to and goods and services that fans buy online anyway. £5k a year, average commission 5% that's £250 x that by 10000 Gasheads that's £25m in one year. Another alternative is to do a Sydney Youngblood.......just sit and wait! £2.5 million but it would be a great sum none the less, but you're also assuming 10000 which we get once in a while and they're all as prosperous as you and they're all willing to sign up so really you're looking for 100% of 100% of 100% and then you're assuming the existing shareholders will let you invest in their big deal and diminish their return. Perhaps it's something you could get the SC to adopt as I think it would sit better with that kind of social support organisation.why would the SC get involved in another (sharescam) scheme where the money gets handed over to the BOD to (waste) use as they wish?
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Angas
Joined: May 2014
Posts: 2,067
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Post by Angas on Jan 16, 2015 11:31:22 GMT
that link just sent me back to this exact thread!! Oh, did it? The vagaries of this new forum. I assumed it took you to the post the quote came from. Oh well, it helped you pass a few extra minutes
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Angas
Joined: May 2014
Posts: 2,067
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Post by Angas on Jan 16, 2015 11:32:45 GMT
£2.5 million but it would be a great sum none the less, but you're also assuming 10000 which we get once in a while and they're all as prosperous as you and they're all willing to sign up so really you're looking for 100% of 100% of 100% and then you're assuming the existing shareholders will let you invest in their big deal and diminish their return. Perhaps it's something you could get the SC to adopt as I think it would sit better with that kind of social support organisation.why would the SC get involved in another (sharescam) scheme where the money gets handed over to the BOD to (waste) use as they wish? Sell it to them like that and they'll snatch your hand off
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Jan 16, 2015 11:46:11 GMT
Maybe we could chuck in a million quid and own less of the stadium than when we started?
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